To determine the value of the number $\spadesuit$ depicted on the number line and find the simplest fraction equivalent to it, we need to analyze the position of $\spadesuit$ in relation to the tick marks on the line.
Looking at the number line, we see that $\spadesuit$ is located between $-0.4$ and $-0.3$. To express this as a fraction, we can consider it as the midpoint between these two values. The midpoint can be calculated as the average of $-0.4$ and $-0.3$, which is $-0.35$.
Now, to express $-0.35$ as a fraction in simplest form, we write it as $\frac{-35}{100}$. Simplifying the fraction by dividing the numerator and denominator by their greatest common divisor, which is $5$, we get $\frac{-7}{20}$.
So, the simplest fraction whose value is equal to the number $\spadesuit$ depicted on the number line is $\frac{-7}{20}$.
In summary, by identifying the position of $\spadesuit$ on the number line, determining it as the midpoint between $-0.4$ and $-0.3$, and expressing this midpoint as a fraction in simplest form, we find that $\frac{-7}{20}$ represents the value of $\spadesuit$ on the given number line.